Gregory Mannarino - The Stock Market Is In A Devastating Bubble 15 May

Gregory Mannarino - In this video explains with charts the "Over-heated" stock market and comapares it to the GFC and 1929 crash.

Skip the intro!

Stock Market Bubble...The crash of 1929 "Why It Happened"
Go to 4 minutes 43 secs

The "Dot-Com" Bubble
5:50"

The GFC 2008
6:15"

Where we are now - Federal reserve printing money "Chart" (Good explanations and recommended v iewing)
6:35" to 09:20"

Trading - profits from...to...precious metal
09:20" - 10:10"

Conclusion
10:25"

[youtube]http://www.youtube.com/watch?v=qkX-_b84wog[/youtube]

 

He has a reputation of explaining a lot and getting it completely wrong...constantly.
He's been crying bubble for ages, not taking advantage of the rise just like the majority of his fans. Actually he's done worse than not taking advantage, he's instead invested in a depreciating asset - PMs.

EDIT: but I do want it to pop, it goes down and PMs go up. I just think you need to see signs of weakness before you open your mouth.

 

Not sure I agree with you Roman.

It seems to me that he is taking advantage.
Buy options in the equity markets and use the profits to buy PM's whilst riding the bubble.
As he stated providing you know what your doing.
Trouble is alot don't know what they are doing.

I actually think he is spot on as far as being in an Equity Market bubble.
It couldn't be any clearer.

The three issues I have is

1). When will it pop?
2). The magnitude and length of the pop.
3). Short term & Long term pricing ramifications of PM's after the pop.

The history lessons of the 1929 and 2000 crash are fairly meaningless imo.
However, what has taken place since 2008 with the QE1,QE2,QE3, to infinity
clearly shows that the money printing has been the only thing keeping this charade afloat.
There will come a day of reckoning.

How soon?

My crystal ball tells me that it is closer to a collapse today than yesterday.

 

Without question it's the money printing that's keeping it afloat, but that ain't stopping anytime soon, thus stocks are still cheap.

If you constantly cry bubble then one day your words will ring true, this is what Greg does.
Let's wait for the flow of money to stop, then perhaps Greg will finally be right but that is a long way off as I see it.

Sorry to go against the flow.

 

On what basis do you claim that stocks are cheap?

 

and the collapse is in America RIGHT NOW!!!111

[youtube]http://www.youtube.com/watch?v=_zaY2tYBsmU[/youtube]

 

this somehow seems relevant

 

Greg's been on the money for the recent stock market correction and has made some good dollars trading.

Today he speaks about trading but more importantly the win - win position for precious metal.

If you are "only" interested in metal, skip the start and...view the video between 06'20" to 11'20".

Greg explains why he thinks metal will do ok.

[youtube]http://www.youtube.com/watch?v=qFRknMoqwZ8[/youtube]

 

Cutting Through The Crap - Job Numbers / Economy Improving

Part time jobs up...Full time jobs down.

Service jobs up...Maunfacturing jobs down.

Fed printing more...........

USA on life support.............

Gold and silver......... 7 minutes 29 secs

The Bond market..........

Start from 40 minutes 40 seconds...skip the start

[youtube]http://www.youtube.com/watch?v=TFbjO-elp8Q[/youtube]

 

Haven't heard anything from Gregory for a long time...

 

Just watched this from yesterday.

Gregory has a new S&P 500 chart that is just great showing the injections of money since the dot.com bubble.

If he is right, the stock market is OVERDUE for a HUUUUUUGE correction.

Check this clip out!

https://www.youtube.com/watch?v=t2jdCVaJf5M

 

Many people would see their super funds evaporate.

 

Ye S.P thats why I was asking only a few weeks ago if I should put my super into a SMSF and buy a shitload of PM's.

Some said to do it and others said not to worry about it.

Its really looking like its time for gold and silver to shine!

 

And what was your conclusion to the advice that was given in the thread?

 

Well that was before all this brexit stuff happened and I had decided to just leave my super alone until the U.S elections are over.

But now i'm having second thoughts.

Problem is I cant even afford to pay the fee's to start and SMSF anyways so i'm still stuck.

 

There will always be something that will give you second thoughts. The fact that you bumped a thread from 2.5yrs ago... I'll bet you'll be still sitting on the fence in 10 years time.

Best to stay away from the SMSF.

 

There must be managed super funds that allow you to allocate a percentage of your investment to metals (or cash if you are so inclined). That would be far easier than a SMSF.

 

Perhaps you should get a job, then you'd be able to afford the fees?

 

Well i'm with Australian Super at the moment S.P.

Will do some research and see if i can find another fund that i can change to and partially invest in P.M's.

Thanks for the help.

Did you see Gregs S&P chart?

What did you think?

 

This one?